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298 Wells Road 615 SF Retail Building Bristol BS4 2QG $443,504 ($721.15/SF) 8.04% Cap Rate
Investment Highlights
- Mixed Use Retail Investment Opportunity
- Fantastic location on Wells Road with high volume of passing vehicle traffic
- Ground floor commercial unit let as an Estate Agent Office with 3 bedroom maisonette over upper floors
Executive Summary
The freehold of this mixed use investment opportunity is available for the guide price of £300,000, providing a yield of 8.71%. The retail and residential element produce an income of £27,000 per annum.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
615 SF
Building Class
B
Year Built
1930
Price
$443,504
Price Per SF
$721.15
Cap Rate
8.04%
NOI
$35,658
Tenancy
Single
Building Height
1 Story
1 1
Nearby Major Retailers
1 of 3
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298 Wells Road
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